Keysight Technologies, Inc. (NYSE:KEYS) Given Consensus Rating of "Moderate Buy" by Brokerages

Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) has received an average rating of "Moderate Buy" from the nine brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and eight have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $183.00.

A number of research analysts recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a research report on Wednesday. Morgan Stanley increased their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. Wells Fargo & Company increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. Wall Street Zen downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Robert W. Baird increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th.

Insiders Place Their Bets

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at approximately $17,834,765. This trade represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Richard P. Hamada sold 1,589 shares of the firm's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $162.00, for a total transaction of $257,418.00. Following the transaction, the director now directly owns 42,160 shares in the company, valued at $6,829,920. The trade was a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by insiders.

Institutional Trading of Keysight Technologies

Several hedge funds have recently made changes to their positions in KEYS. Central Pacific Bank Trust Division lifted its stake in shares of Keysight Technologies by 97.8% in the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after acquiring an additional 90 shares during the period. Accent Capital Management LLC acquired a new stake in shares of Keysight Technologies in the 1st quarter worth $28,000. Manchester Capital Management LLC lifted its stake in shares of Keysight Technologies by 85.0% in the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock worth $35,000 after acquiring an additional 108 shares during the period. Zions Bancorporation National Association UT acquired a new stake in shares of Keysight Technologies in the 1st quarter worth $36,000. Finally, Private Trust Co. NA lifted its stake in shares of Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock worth $39,000 after acquiring an additional 75 shares during the period. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Stock Down 1.0%

Keysight Technologies stock traded down $1.55 during mid-day trading on Wednesday, reaching $160.19. 874,739 shares of the company's stock were exchanged, compared to its average volume of 1,136,111. The company has a market cap of $27.68 billion, a P/E ratio of 45.77, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a fifty day moving average of $147.52 and a 200-day moving average of $159.75.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share for the quarter, beating analysts' consensus estimates of $1.65 by $0.05. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.22%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the business earned $1.41 EPS. The company's revenue was up 7.4% on a year-over-year basis. Sell-side analysts expect that Keysight Technologies will post 6.32 EPS for the current year.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.